NOT LISTED FOR SALE

915 Clay St Cedar Falls, IA 50613

Estimated Value: $184,000 - $212,000

5 Beds
2 Baths
2,206 Sq Ft
$90/Sq Ft Est. Value

Last Sold June 02, 2025

Last sale price $188,000 $85 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,342/month

3 Days on Market

Highlights

  • Enclosed Patio or Porch
  • 2 Car Detached Garage
  • Ceiling Fan
  • Holmes Junior High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

This spacious 5-bedroom, 2-bathroom home with a 2-stall garage is full of historic charm and incredible potential—whether you’re looking for a high-yielding investment property or a timeless single-family home to make your own. The main floor features a large living room with brick fireplace, a cozy sitting room, formal dining room, a full bathroom with clawfoot tub, and a massive retro kitchen outfitted with stylish cabinetry and a vintage farmhouse sink with double drainboards. A newly constructed room on the main level offers flexibility as a 5th bedroom or a perfect home office. Upstairs, the grand staircase with original spindles and newel post leads to a spacious loft, four generously sized bedrooms with oversized closets, and a second full bathroom with tub/shower combo. You’ll also find access to a large walk-up attic full of potential. The lower level includes laundry, abundant storage, a radon mitigation system, new water heater, and updated plumbing. Outside, enjoy a fenced yard, ample paved parking, and a remodeled garage (2025) featuring new framing, insulation, windows, electrical, garage doors, and openers. Additional highlights: gorgeous hardwood floors throughout (some preserved under carpet), original built-ins, detailed woodwork and trim, crown molding, and separated utilities between floors, both central A/C units have been updated and the property meets Cedar Falls rental code with nearly double the required paved parking. This home offers so many possibilities: Keep it as a spacious 5-bed, 2-bath investment property with strong returns. Convert it back to an up/down duplex. Restore it to a single-family showpiece (may qualify for a $10,000 forgivable city loan for exterior improvements) A rare opportunity to own a piece of history with charm, character, and flexibility—don’t miss out!

Last Agent to Sell the Property

Danielle Morris

Berkshire Hathaway Home Services One Realty Centre License #S614440 Listed on: 04/08/2025

Berkshire Hathaway Home Services One Realty Centre

Last Buyer's Agent

Danielle Morris

Berkshire Hathaway Home Services One Realty Centre License #S614440 Listed on: 04/08/2025

Berkshire Hathaway Home Services One Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1918

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Property is zoned R-3

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Asphalt Roof
  • Radon Mitigation System
  • Slate

Interior Spaces

  • 2,206 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Interior Basement Entry
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Additional Features

  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 891412381004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,358

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Parcel Number: 891412381004
  • Year Built: 1918
  • Fencing: Fenced
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Dryer Hookup-Gas, Laundry Closet, Lower Level, Washer Hookup
  • ResoLotFeatures: Landscaped
  • Lot Size Acres: 0.2
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Black Top
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Reso Fireplace Features: One, Family Room, Wood Burning
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 2206
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Free-Standing Range, Refrigerator
  • Basement: Concrete, Entrance-Inside, Floor Drain, Radon Mitigation System
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • BelowGradeArea: 1082

Exterior Features

  • Construction Type: Slate
  • Patio And Porch Features: Covered, Enclosed

Garage/Parking

  • Parking Features: RV Access/Parking, 2 Stall, Detached Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Jun 2, 2025
Sold by
Hanson Group Llc
Bought by
Kelly Property Investments Llc
Seller's Agent
Danielle Morris
Berkshire Hathaway Home Services One Realty Centre
Buyer's Agent
Danielle Morris
Berkshire Hathaway Home Services One Realty Centre
List Price
$199,900
Sold Price
$188,000
Premium/Discount to List
-$11,900
-5.95%
Views
24
Current Estimated Value
$198,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,754
Avg. Annual Appreciation
18.99%
Original Mortgage
$150,400
Outstanding Balance
$144,034
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$54,720

Purchase Details

Listed on
Oct 12, 2020
Closed on
May 26, 2021
Sold by
Hartema Marvin J and Hartema Peggy L
Bought by
The Hanson Group Llc
Seller's Agent
Steven Jordan
Oakridge Real Estate
List Price
$168,500
Sold Price
$144,000
Premium/Discount to List
-$24,500
-14.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$117,600
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2008
Sold by
Hartema Marvin J and Hartema Peggy I
Bought by
Hartema Marvin J and Hartema Peggy I
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelly Property Investments Llc $188,000 Title Services
The Hanson Group Llc $144,000 None Available
Hartema Marvin J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Property Investments Llc $150,400
Previous Owner The Hanson Group Llc $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $188,000 -6.0% $85 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $199,900 +38.8% $91 / Sq Ft
06/01/2021 06/01/21 Sold $144,000 -4.0% $128 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/22/2021 03/22/21 Price Changed $150,000 -3.2% $133 / Sq Ft
03/01/2021 03/01/21 Price Changed $155,000 -2.2% $138 / Sq Ft
01/29/2021 01/29/21 Price Changed $158,500 -3.1% $141 / Sq Ft
01/09/2021 01/09/21 Price Changed $163,500 -3.0% $145 / Sq Ft
10/12/2020 10/12/20 For Sale $168,500 -- $150 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,456 $214,790 $32,340 $182,450
2023 $3,470 $214,790 $32,340 $182,450
2022 $3,600 $187,920 $32,340 $155,580
2021 $3,378 $192,720 $32,340 $160,380
2020 $3,312 $181,510 $21,020 $160,490
2019 $3,312 $181,510 $21,020 $160,490
2018 $3,132 $169,430 $21,020 $148,410
2017 $3,198 $169,430 $21,020 $148,410
2016 $2,994 $169,430 $21,020 $148,410
2015 $2,994 $169,430 $21,020 $148,410
2014 $2,798 $156,530 $21,020 $135,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251455

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-381-004